C W Mars Inc
C W Mars Inc: Consistent Revenue, High Program Spending
EIN: 222675978 · Worcester, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $3.0M |
| Program Spending | 83% |
| Net Assets | $4.0M |
| Transparency Score | 75/100 |
Is C W Mars Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C W Mars Inc directs 83% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C W Mars Inc
C W Mars Inc (EIN: 222675978) is a nonprofit organization based in Worcester, MA. The organization reported total revenue of $8.6M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C W Mars Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C W Mars Inc is a mid-size nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$592K |
| Total Assets | $4.7M |
| Total Liabilities | $649K |
| Net Assets | $4.0M |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2023, C W Mars Inc reported a surplus of $592K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), C W Mars Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +0.6% | +25.5% |
| 2022 | -4.0% | +5.9% | +11.3% |
| 2021 | +7.4% | -0.5% | +24.7% |
| 2020 | +8.1% | -1.2% | +41.2% |
| 2019 | -4.4% | -10.0% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C W Mars Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 83%
- fundraising: 7%
According to IRS 990 filings, C W Mars Inc allocates its expenses as follows: admin: 10%, programs: 83%, fundraising: 7%. With 83% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $592K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for C W Mars Inc:
- Consistently high percentage of expenses allocated to programs (average 83% over 5 years).
- Stable revenue generation over the past several years, indicating financial resilience.
- Healthy asset growth from $1.9M in 2019 to $4.6M in 2023.
Frequently Asked Questions about C W Mars Inc
Is C W Mars Inc a legitimate charity?
C W Mars Inc (EIN: 222675978) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $8.6M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does C W Mars Inc spend its money?
C W Mars Inc directs 83% of its spending to programs and services. Fundraising costs 7%. This exceeds the 65% industry benchmark.
Are donations to C W Mars Inc tax-deductible?
C W Mars Inc is registered as a tax-exempt nonprofit (EIN: 222675978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of C W Mars Inc's spending goes to programs?
C W Mars Inc directs 83% to programs, 7% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is C W Mars Inc located?
C W Mars Inc is headquartered in Worcester, Massachusetts and files with the IRS under EIN 222675978.
How many years of IRS 990 filings does C W Mars Inc have?
C W Mars Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.6M in total revenue.
What does C W Mars Inc do?
C W Mars Inc is a nonprofit organization in the Unknown sector, located in Worcester, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does C W Mars Inc have?
C W Mars Inc reported total revenue of $8,584,793. Based on 12 IRS 990 filings on record.
What are C W Mars Inc's total assets?
C W Mars Inc holds total assets of $5,755,669 as reported in IRS 990 filings.
Where is C W Mars Inc located?
C W Mars Inc is based in Worcester, Massachusetts.
What is C W Mars Inc's EIN?
C W Mars Inc's Employer Identification Number (EIN) is 222675978. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is C W Mars Inc?
C W Mars Inc is classified under NTEE code Unknown (Unknown).
Is C W Mars Inc a registered 501(c)(3)?
C W Mars Inc appears in IRS records (EIN: 222675978). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does C W Mars Inc file IRS Form 990?
Yes, C W Mars Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was C W Mars Inc's revenue in 2023?
In the 202306 filing period, C W Mars Inc reported total revenue of $3,549,234, total expenses of $2,957,300, and net assets of $4,698,786.
Is C W Mars Inc's revenue growing or declining?
C W Mars Inc's revenue is relatively stable. Revenue went from $3,516,194 (202206) to $3,549,234 (202306), a +0.9% change. Based on 12 filings on record.
What is C W Mars Inc's most recent 990 filing?
The most recent IRS Form 990 filing for C W Mars Inc covers tax period 202306. It shows revenue of $3,549,234, expenses of $2,957,300, total assets of $4,698,786, and liabilities of $648,963.
How much does C W Mars Inc spend on programs vs administration?
Based on IRS 990 analysis, C W Mars Inc allocates approximately 83% of expenses to program services, 10% to administrative costs, and 7% to fundraising. This indicates strong program focus.
Is C W Mars Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, C W Mars Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are C W Mars Inc's strengths?
Positive indicators for C W Mars Inc include: Consistently high percentage of expenses allocated to programs (average 83% over 5 years).. Stable revenue generation over the past several years, indicating financial resilience.. Healthy asset growth from $1.9M in 2019 to $4.6M in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does C W Mars Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures were provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the trend in the organization's net assets over the past five years?
Net assets have shown significant growth, increasing from $1,911,217 in 2019 to $4,698,786 in 2023, indicating strong financial health and accumulation of resources.
How has the organization's program spending ratio evolved in recent years?
Program spending has consistently remained high, averaging approximately 83% of total expenses over the last five years, demonstrating a strong commitment to its mission.
Filing History
IRS 990 filing history for C W Mars Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), C W Mars Inc's revenue has grown by 33.9%, moving from $2.7M to $3.5M. Total assets increased by 203.4% over the same period, from $1.5M to $4.7M. Total functional expenses rose by 10.8%, from $2.7M to $3.0M. In its most recent filing year (2023), C W Mars Inc reported a surplus of $592K, with revenue exceeding expenses. The organization holds $649K in liabilities against $4.7M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.0M | $4.7M | $649K | — | — |
| 2022 | $3.5M | $2.9M | $3.7M | $365K | — | View 990 |
| 2021 | $3.7M | $2.8M | $3.4M | $415K | — | View 990 |
| 2020 | $3.4M | $2.8M | $2.7M | $455K | — | View 990 |
| 2019 | $3.2M | $2.8M | $1.9M | $323K | — | View 990 |
| 2018 | $3.3M | $3.1M | $1.7M | $271K | — | View 990 |
| 2017 | $3.2M | $3.1M | $1.6M | $354K | — | View 990 |
| 2016 | $2.9M | $3.0M | $1.6M | $429K | — | View 990 |
| 2015 | $3.1M | $2.9M | $1.9M | $682K | — | View 990 |
| 2014 | $2.9M | $3.1M | $1.6M | $596K | — | View 990 |
| 2013 | $3.0M | $2.7M | $1.8M | $485K | — | View 990 |
| 2012 | $2.7M | $2.7M | $1.5M | $527K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.0M, and assets of $4.7M (revenue +0.9% year-over-year).
- 2022: Revenue of $3.5M, expenses of $2.9M, and assets of $3.7M (revenue -4.0% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.8M, and assets of $3.4M (revenue +7.4% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.8M, and assets of $2.7M (revenue +8.1% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.8M, and assets of $1.9M (revenue -4.4% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.1M, and assets of $1.7M (revenue +2.4% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $1.6M (revenue +9.2% year-over-year).
- 2016: Revenue of $2.9M, expenses of $3.0M, and assets of $1.6M (revenue -6.3% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.9M, and assets of $1.9M (revenue +10.3% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.1M, and assets of $1.6M (revenue -4.1% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.7M, and assets of $1.8M (revenue +12.2% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.7M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C W Mars Inc:
Data Sources and Methodology
This transparency report for C W Mars Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.